1, FARRIER COURT, METHERINGHAM, LINCOLN, LN4 3YN - £200,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FARRIER COURT is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £200,000 in November 2021, which was around 30% below the average November 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

1 FARRIER COURT Sold Prices

Land registry data shows three sales for 1 FARRIER COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 1 FARRIER COURT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 NOV	£200,000	£286,536	30% below HPI
2015 12 JUN	£150,000	£202,138	26% below HPI
1997 31 JAN	£53,000	£62,424	15% below HPI

1 FARRIER COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 1 FARRIER COURT sales between January 1997 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 FARRIER COURT?

1 FARRIER COURT is 74m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 1 FARRIER COURT lies on this distribution: 14% of detached houses are smaller than 1 FARRIER COURT, and 83% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

1 FARRIER COURT: Plot and Title Map

1 FARRIER COURT sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 FARRIER COURT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FARRIER COURT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 FARRIER COURT?

1 FARRIER COURT is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 1 on FARRIER COURT.